The Malta 1 Pound banknote, classified as PICK 20c (ND 1940) with serial number A/17 572303, is graded PMG 65 Gem Uncirculated. This top-tier grade indicates an exceptionally well-preserved note, with perfect centering and no signs of wear. The vibrant colors and intricate design elements, characteristic of Maltese banknotes from this period, are flawlessly maintained. The note showcases historical and cultural symbols of Malta, reflecting its heritage. The PMG 65 Gem Uncirculated rating signifies its pristine condition, making it a highly desirable piece for collectors who value both historical significance and impeccable preservation.